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Cable Update (GBPUSD)

  • #403,101
  • Oct 16, 2014 4:34am Oct 16, 2014 4:34am
Quoting mr-roma
What do you think about this guys? GU Monthly: {image}
It could be really bounce up!
We will see tomorrow can the W1 give us an fakey long...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 38 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 39 KB
Anything is math!
  • #403,102
  • Oct 16, 2014 4:38am Oct 16, 2014 4:38am
Quoting Kajos2250
{quote} GU H4 GMT+3 It managed to engulf and 2nd close above TL, let me strength, another buy stop .6027, buy limit .5985, invalidation unchanged... Good luck! {image}
Limit triggered, TL retested, You can go you can do it, buy stop is waiting for you
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 45 KB
Anything is math!
  • #403,103
  • Oct 16, 2014 4:45am Oct 16, 2014 4:45am
there isnt any1 in here that knows about sewing machines is there?..haha
  • #403,104
  • Oct 16, 2014 4:48am Oct 16, 2014 4:48am
Quoting navk
{quote} May be I am wrong, but I see that it is going to 168.00
You were right, Got OUT of Both my LONGS in +++
A good trader follows his rules, but great trader knows when to break them
  • #403,105
  • Oct 16, 2014 4:51am Oct 16, 2014 4:51am
C'mon Sweetcakes, go back down
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 30 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 24 KB
Come with me if you want to live....
  • #403,106
  • Oct 16, 2014 5:03am Oct 16, 2014 5:03am
Quoting Kajos2250
{quote} Limit triggered, TL retested, You can go you can do it, buy stop is waiting for you {image}
One long out at BE...
Anything is math!
  • #403,107
  • Oct 16, 2014 5:10am Oct 16, 2014 5:10am
Quoting fxtyrant
found opportunity to short EURUSD at 1.28. lol i still have my SL for the GBPUSD at 1.6088 shorted from 1.6250 soo thats still good...
Still holding to that 1.28 EURUSD short talk about increased volatility yesterday's move up was perfect to get poor retail Bears scared stiff as they get washed out and once they washed out they got baited into becomming a EURUSD bull.. now the big boys have the momentum to push EURUSD down to 1.25 and 1.2220 in extension.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #403,108
  • Oct 16, 2014 5:11am Oct 16, 2014 5:11am
Quoting Kajos2250
{quote} One long out at BE...
Re-open .5968...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 45 KB
Anything is math!
  • #403,109
  • Oct 16, 2014 5:50am Oct 16, 2014 5:50am
this thing is playing with me

I cannot see a high probability direction
  • #403,110
  • Oct 16, 2014 5:52am Oct 16, 2014 5:52am
Not trading cable today it's too much like gambling!
Enter Signature
  • #403,111
  • Oct 16, 2014 5:56am Oct 16, 2014 5:56am
Quoting nAVIN2007
this thing is playing with me I cannot see a high probability direction
It's like a pinball. Lots of lovely volatility, yet no conviction either way - at the moment anyway.

The US session will probably have something more to say - IMO.
  • #403,112
  • Oct 16, 2014 5:58am Oct 16, 2014 5:58am
To me, very recent price action suggests strengthening GBP. Only looking at BUYS for the moment.
There's always money in the banana stand.
  • #403,113
  • Oct 16, 2014 6:01am Oct 16, 2014 6:01am
Quoting LizardGizzard
To me, very recent price action suggests strengthening GBP. Only looking at BUYS for the moment.
Nope, We have USD news Coming up next which will be GREEN, GU DOWN
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 4 KB
A good trader follows his rules, but great trader knows when to break them
  • #403,114
  • Oct 16, 2014 6:04am Oct 16, 2014 6:04am
Quoting ill_be_back
{quote} Nope, We have USD news Coming up next which will be GREEN, GU DOWN {image}

And we have CAD news Coming before that which will be RED, UCAD, GCAD UP
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 4 KB
A good trader follows his rules, but great trader knows when to break them
  • #403,115
  • Oct 16, 2014 6:25am Oct 16, 2014 6:25am
short @ 1.5992 , sl: 1.6028 , tp: 1.5940
Hear the music before the song is over ...
  • #403,116
  • Oct 16, 2014 6:29am Oct 16, 2014 6:29am
Quoting nAVIN2007
this thing is playing with me I cannot see a high probability direction
Tell me. before the move up... what were teh retail positions on GBPUSD im pretty darn sure its heavily bears
now tell me what would happen to these retail bears when the big boys washed them out?
Retail bears are often over leveraged so they were most likely dead by now or reversed which is what the big boys wanted retail traders going against a trend or simply dead...
only a select few can read into that sort of movement.

Ans: the retail bears would get stopped out and reverse to become a GBPUSD bull!!!! but the dumb fucks would all be bulls in a bearish trend....
Hence, this to me is a beautiful Wash out the retail bears, lure in the retail bulls and fuck these newly accustomed retail bulls.
the move yesterday was simply the momentum we needed to go further down.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #403,117
  • Oct 16, 2014 6:29am Oct 16, 2014 6:29am
Quoting darrenware
Not trading cable today it's too much like gambling!
Ok I've found my entry!
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 219 KB
Enter Signature
  • #403,118
  • Oct 16, 2014 6:30am Oct 16, 2014 6:30am
Quoting GlobalMacro
short @ 1.5992 , sl: 1.6028 , tp: 1.5940
Have a pending SHORT at 1.6020 TP 1.5900
A good trader follows his rules, but great trader knows when to break them
  • #403,119
  • Oct 16, 2014 6:41am Oct 16, 2014 6:41am
Quoting fxtyrant
{quote} Tell me. before the move up... what were teh retail positions on GBPUSD im pretty darn sure its heavily bears now tell me what would happen to these retail bears when the big boys washed them out? Retail bears are often over leveraged so they were most likely dead by now or reversed which is what the big boys wanted retail traders going against a trend or simply dead... only a select few can read into that sort of movement. Ans: the retail bears would get stopped out and reverse to become a GBPUSD bull!!!! but the dumb fucks would all be...

theres diverence there and dailly is showing a bear candle 2 days ago and yesterday bullish counter..the problem is all this is happening right under resistance..making it tough to get a feel for the direction

I agree thou..overal its bearish but USD is not a currency which is easy to predict behaviour wise

I dont like where the euro is placed..
  • #403,120
  • Oct 16, 2014 6:44am Oct 16, 2014 6:44am
Quoting GlobalMacro
short @ 1.5992 , sl: 1.6028 , tp: 1.5940
Out @ 1.5992 for +/- 0 pips.
Position flat.
Hear the music before the song is over ...
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